Alterra Mountain Company
Alterra Mountain Company
Industry
About Alterra Mountain Company
Alterra Mountain Company is a premier American hospitality and resort management firm headquartered in Denver, Colorado. Established in 2018, the company has rapidly expanded its portfolio to encompass a diverse array of mountain destinations across North America.
Privately owned by KSL Capital Partners and Henry Crown and Company, Alterra Mountain Company is dedicated to providing exceptional outdoor experiences through its various resorts and services.
Resort Portfolio
Alterra Mountain Company's extensive portfolio includes 18 iconic year-round mountain destinations:
- Colorado: Steamboat, Winter Park, and Arapahoe Basin.
- California: Palisades Tahoe, Mammoth Mountain, June Mountain, Big Bear Mountain Resort, and Snow Valley.
- Utah: Deer Valley Resort and Solitude Mountain Resort.
- Vermont: Stratton Mountain and Sugarbush Resort.
- West Virginia: Snowshoe Mountain.
- Quebec, Canada: Tremblant.
- Ontario, Canada: Blue Mountain.
- Washington: Crystal Mountain.
- Idaho: Schweitzer.
- British Columbia, Canada: CMH Heli-Skiing & Summer Adventures.
Each destination offers unique terrain and experiences, catering to a wide range of outdoor enthusiasts.
Ikon Pass
A cornerstone of Alterra Mountain Company's offerings is the Ikon Pass, a season pass that provides access to over 50 mountain destinations worldwide. This pass allows skiers and riders to explore a variety of terrains and resorts, enhancing the overall adventure experience.
Recent Developments
In 2024, Alterra Mountain Company announced the acquisition of Arapahoe Basin in Colorado, further expanding its presence in the Rockies.
This acquisition aims to preserve the unique culture of Arapahoe Basin while integrating it into Alterra's portfolio.
Sustainability Initiatives
Alterra Mountain Company is committed to sustainability and environmental stewardship. The company has implemented advanced snowmaking technologies to mitigate the effects of climate change, ensuring consistent snow conditions across its resorts.
Additionally, Alterra has pledged to achieve carbon neutrality by 2025, with several resorts already utilizing 100% renewable electricity.
Capital Investments
The company has demonstrated a strong commitment to enhancing guest experiences through significant capital investments.
In 2023, Alterra Mountain Company announced plans to invest nearly half a billion dollars in transformational changes, including new lifts, terrain expansions, and improved facilities across its resorts.
Locations
Alterra Mountain Company's headquarters are located in Denver, Colorado. The company operates resorts in various locations, including:
- Colorado: Denver, Steamboat, Winter Park, and Arapahoe Basin.
- California: Palisades Tahoe, Mammoth Mountain, June Mountain, Big Bear Lake, and Snow Valley.
- Utah: Park City, Solitude, and Provo.
- Vermont: Stratton Mountain and Warren.
- West Virginia: Snowshoe.
- Quebec, Canada: Mont-Tremblant.
- Ontario, Canada: Collingwood.
- Washington: Enumclaw, Crystal Mountain.
- Idaho: Sandpoint and Schweitzer.
- British Columbia, Canada: British Columbia, CMH Heli-Skiing & Summer Adventures.
- Colorado: Centennial.
Each location offers unique experiences, contributing to Alterra Mountain Company's diverse and expansive presence in the mountain resort industry.